Latest news with #Microchip
Yahoo
6 days ago
- Business
- Yahoo
Microchip Technology (MCHP) Reports Dividend Declaration Despite US$19 Million Quarterly Loss
Microchip Technology saw a stock price increase of almost 20% over the last quarter, reflecting its latest corporate activities. The company announced several dividends, including a 45-cent dividend on common stock, highlighting its focus on shareholder returns. Despite reporting a first-quarter net loss of $18.6 million and a reduction in sales compared to the previous year, Microchip provided fiscal guidance indicating potential improvements in Q2. Coinciding with these updates, the broader market indices posted gains as tariff concerns waned, suggesting the company's developments aligned with or supported the tech-heavy Nasdaq's upward trend. You should learn about the 2 risks we've spotted with Microchip Technology. Explore 27 top quantum computing companies leading the revolution in next-gen technology and shaping the future with breakthroughs in quantum algorithms, superconducting qubits, and cutting-edge research. The recent corporate developments, including the announcement of a 45-cent dividend despite a first-quarter net loss of US$18.6 million, have underscored Microchip Technology's commitment to shareholder returns. The implementation of a 9-point efficiency plan is anticipated to improve the company's net margins and cash flow flexibility, aligning with analyst expectations for revenue growth. This could positively influence the company's revenue and earnings forecasts moving forward. Over the longer term of five years, Microchip Technology's total shareholder return, including share price appreciation and dividends, was 44.23%. Despite this growth, the company underperformed compared to the broader US Market, which returned 19.9% over the past year. Additionally, the company's performance lagged behind the US Semiconductor industry, which saw a return of 53.4% in the same timeframe. The current share price of US$66.22 reflects a degree of skepticism in the market about reaching the consensus price target of US$75.21, marking a 13.57% discount. As the company aims to capture growth opportunities through innovation and restructuring, the potential impact on the price movement in relation to the target will depend on its ability to execute these plans effectively and meet the revenue and earnings projections. Assess Microchip Technology's previous results with our detailed historical performance reports. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include MCHP. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Business Insider
6 days ago
- Business
- Business Insider
Mizuho Securities Reaffirms Their Buy Rating on Microchip (MCHP)
In a report released yesterday, Vijay Rakesh from Mizuho Securities maintained a Buy rating on Microchip, with a price target of $85.00. The company's shares closed yesterday at $66.22. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Rakesh is a 5-star analyst with an average return of 18.9% and a 55.80% success rate. Rakesh covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Broadcom, and Credo Technology Group Holding Ltd. In addition to Mizuho Securities, Microchip also received a Buy from Citi's Christopher Danely in a report issued on July 25. However, on August 2, TR | OpenAI – 4o reiterated a Hold rating on Microchip (NASDAQ: MCHP). MCHP market cap is currently $36.23B and has a P/E ratio of -8,069.51. Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MCHP in relation to earlier this year. Most recently, in May 2025, Karlton D Johnson, a Director at MCHP sold 494.00 shares for a total of $29,980.86.
Yahoo
7 days ago
- Business
- Yahoo
Microchip Technology Announces Quarterly Cash Dividend on Common Stock of 45.5 Cents Per Share
CHANDLER, Ariz., Aug. 07, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that its Board of Directors declared a quarterly cash dividend on its common stock of 45.5 cents per share. The dividend is payable on September 5, 2025, to stockholders of record on August 22, 2025. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003. About Microchip: Microchip Technology Incorporated is a leading provider of smart, connected and secure embedded control solutions. Its easy-to-use development tools and comprehensive product portfolio enable customers to create optimal designs, which reduce risk while lowering total system cost and time to market. The company's solutions serve approximately 105,000 customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at The Microchip logo and name are registered trademarks of Microchip Technology Incorporated. INVESTOR RELATIONS CONTACT:Sajid Daudi -- Head of investor Relations (480) 792-7385
Yahoo
05-08-2025
- Business
- Yahoo
Microchip Set to Report Q1 Earnings: What's in Store for the Stock?
Microchip Technology MCHP is set to report its first-quarter fiscal 2026 results on Aug. expects net sales between $1.02 billion and $1.07 billion for the first quarter of fiscal 2026. Non-GAAP earnings are anticipated between 18 cents and 26 cents per Zacks Consensus Estimate for first-quarter fiscal 2026 revenues is pegged at $1.05 billion, indicating a decline of 15.1% from the year-ago quarter's reported figure. The consensus mark for fiscal first-quarter earnings is pegged at 24 cents per share, up by a penny over the past 30 days, suggesting a 54.7% year-over-year earnings beat the Zacks Consensus Estimate in three of the trailing four quarters, missing in the remaining one, delivering a negative earnings surprise of 2.42%, on average. Microchip Technology Incorporated Price and EPS Surprise Microchip Technology Incorporated price-eps-surprise | Microchip Technology Incorporated Quote Let us see how things have shaped up for the upcoming announcement: Key Factors to Note for MCHP's Q1 Microchip has been suffering from persistent macroeconomic weakness and limited visibility. However, the company's first-quarter fiscal 2026 results are likely to reflect improving inventory levels, which reached 251 days in the fourth quarter of fiscal 2025, up 15 days sequentially. Microchip expects inventory days between 215 and 225 at the end of the fiscal first quarter. Improving inventory is expected to have benefited gross margin in the to-be-reported quarter. Revenues are expected to have benefited from inventory correction at distributors and an increase in direct customer benefits from strong design wins, particularly in the industrial, aerospace, and automotive sectors, with product developments like the 64-bit RISC-V processors and advanced Wi-Fi solutions. The company's focus on high-growth areas like aerospace, defense, and AI, with innovations in microcontrollers, PCIe switches, and AI tools, is boosting adoption across automotive, industrial, and AI/ML markets. This is expected to have provided a boost to revenues in the to-be-reported quarter. What Our Model Says Per the Zacks model, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that is not the exact case has an Earnings ESP of -0.19% and a Zacks Rank #2. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter. Stocks to Consider Here are some companies worth considering, as our model shows that these have the right combination of elements to beat on earnings in their upcoming releases:Lumentum LITE currently has an Earnings ESP of +5.12% and a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks shares are up 32.3% year to date. Lumentum is set to report its fourth-quarter fiscal 2025 results on Aug. DDOG has an Earnings ESP of +2.86% and has a Zacks Rank of #2 at present. Datadog shares have declined 2.7% year to date. Datadog is set to report its second-quarter 2025 results on Aug. G presently has an Earnings ESP of +0.78% and a Zacks Rank #2. Genpact shares have dropped 1% year to date. Genpact is scheduled to report its second-quarter 2025 results on Aug. 7. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Microchip Technology Incorporated (MCHP) : Free Stock Analysis Report Genpact Limited (G) : Free Stock Analysis Report Lumentum Holdings Inc. (LITE) : Free Stock Analysis Report Datadog, Inc. (DDOG) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
05-08-2025
- Business
- Yahoo
Adaptec® SmartRAID 4300 Series of Accelerators Deliver Scalable, Secure NVMe® RAID Storage Solutions
Microchip's disaggregated architecture leverages host CPU and PCIe® infrastructure to overcome traditional storage bottlenecks CHANDLER, Ariz., Aug. 05, 2025 (GLOBE NEWSWIRE) -- To better support server OEMs, storage systems, data centers and enterprise customers, Microchip Technology (Nasdaq: MCHP) has launched the Adaptec® SmartRAID 4300 series of NVMe® RAID storage accelerators. The new family is a feature-rich, secure, RAID-enabled, high-performance Software-Defined Storage (SDS) solution for NVMe deployments. The accelerators are especially suited for modern AI data center environments where accelerating access to NVMe storage is critical for supporting demanding workloads and maximizing overall system performance. The SmartRAID 4300 family takes a new approach to NVMe RAID by disaggregating Microchip's Smart Storage platform into separate software and hardware components. Leveraging Microchip's PCIe® storage controllers as the underlying hardware to provide a supporting role for CPU offload and RAID acceleration, the accelerators separate the storage software stack to utilize the expanded host PCIe infrastructure for optimized data flows and connectivity. In extensive internal testing, the SmartRAID 4300 family has shown up to 7x increase in input/output (I/O) performance gains compared to previous generation offerings. With Smart Storage software operating on the host CPU, I/O data flows maximize performance with writes occurring directly from the host CPU to the NVMe endpoints at their respective PCIe generational speeds, while parity-based redundancy (XOR) is offloaded from the host CPU to the accelerator hardware. This architecture addresses bottlenecks inherent to traditional in-line storage solutions and helps the SmartRAID 4300 accelerator to enable high levels of scalability, flexibility and support for Gen 4 and Gen 5 PCIe host CPUs with up to 32 CPU-attached x4 NVMe devices and 64 logical drives/RAID arrays. 'Our innovative solution with separate software and hardware addresses the limitations of traditional architectures that rely on a PCIe host interface slot for all data flows,' said Brian McCarson, corporate vice president of Microchip's data center solutions business unit. 'The SmartRAID 4300 series allows us to enhance performance, efficiency and adaptability to better support modern enterprise infrastructure systems.' The SmartRAID 4300 family supports NVMe and cloud-capable SSDs, allowing for tailored solutions that are designed to meet a diverse range of enterprise needs. Specific architectural and semiconductor design techniques, including automatic idling of processor cores and autonomous power reduction capabilities, optimize power efficiency and multiple safeguards help maintain end-to-end data integrity. The accelerators are designed with security features including hardware root of trust, secure boot/update, attestation and Self-Encrypting Drive (SED) support for enterprise-class data protection. The SmartRAID 4300 series maintains the advanced features, functionality and hardware offload of Microchip's previous-generation of in-line enterprise storage products, while delivering high performance that scales with the host, interconnect and CPU-attached NVMe endpoints. Visit the website to learn more about the company's full portfolio of data center solutions. Configuration and Management ToolsThe SmartRAID 4300 series is supported by a suite of host tools, that include the Adaptec maxView™ tool with its HTML5-based web GUI, ARCCONF CLI and plug-ins for remote and local management of enterprise and data center server platforms. These tools support in-band network management and are accessible via standard desktop and mobile browsers and maintain compatibility with Adaptec SmartRAID tools for ease of integration. For out-of-band Baseboard Management Controller (BMC) management, the SmartRAID 4300 series has support for Distributed Management Task Force (DMTF) standards-based management, Platform-Level Data Model (PLDM) and Redfish® Device Enablement (RDE) via MCTP protocol. Pricing and AvailabilityAdaptec SmartRAID 4300 accelerators are available for production integration. Contact a Microchip sales representative or authorized worldwide distributor for details. ResourcesHigh-res images available through Flickr or editorial contact (feel free to publish): Application image: Diagram: Sell Sheet: About Microchip Technology:Microchip Technology Inc. is a leading provider of smart, connected and secure embedded control and processing solutions. Its easy-to-use development tools and comprehensive product portfolio enable customers to create optimal designs which reduce risk while lowering total system cost and time to market. The company's solutions serve over 100,000 customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at Note: The Microchip name and logo, the Microchip logo and Adaptec are registered trademarks of Microchip Technology Incorporated in the U.S.A. and other countries. maxView is a trademarks of Microchip Technology Inc. in the U.S.A. and other countries. All other trademarks mentioned herein are the property of their respective companies. Editorial Contact: Reader Inquiries: Amber Liptai 1-888-624-7435 480-792-5047 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
